Chinese Investor bought 10,000 bitcoin during the dip!

[ralph_0608]

https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

This is the advantage of investor who have lot of money they can bought in tranches and can do average down if the market continue to goes down but for small imvestor like me whi cant afford to buy over and over since i have only limited funds i have no choice but to keep holding and waiting for the market to be bullish

[19nataliya12]

Earlier, Cai Wensheng successfully invested in domain names, and then began to invest in promising start-ups. Now the main project Tsaya - photo editor Meitu, which collects an audience of 90 million active users every month. The service was launched in December 2016 and was estimated at $ 5 billion. In January 2018, Meitu announced plans to use the block to store user data.
Tsai is one of the few Chinese investors who openly talk about their digital assets in the country, which limits the use of crypto currency.

[megynacuna]

Earlier, Cai Wensheng successfully invested in domain names, and then began to invest in promising start-ups. Now the main project Tsaya - photo editor Meitu, which collects an audience of 90 million active users every month. The service was launched in December 2016 and was estimated at $ 5 billion. In January 2018, Meitu announced plans to use the block to store user data.
Tsai is one of the few Chinese investors who openly talk about their digital assets in the country, which limits the use of crypto currency.

I think we should all learn from this because if the rich are even buying more in times like this then how about we the ones with a few or even less than one bitcoin be anxious to sell them out for cheap when we should have kept them until the right time to cash in.

[Stavr1992]

This is a very positive news, as every time you can make sure that биткoин really valuable кpиптoвaлютa. The future of digital currency already here

[Glorypaasa]

https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

i
they buy a lot of bitcoins but the bitcoin still dumping so i can say that is a bulltrap they are whales they can manipulate the markets or bitcoins and if you believe in bitcoin buy a lot when the value is too low and i can saythat this is the right time to buy more bitcoins just beleive and hold it dont panic bitcoin will go increase again.

[Webberson]

It is a good thing for one to actually see an opportunity and makes use of it. While others are hoping for the downfall of cryptocurrency, some are actually making good money from it. If the said investor had not seen any potential in bitcoin, he definitely would not have acquired 10k worth of it. An outcome cannot be known when an action is not taken.

[cyberlilith]

That is a lot of coins! How i wish i bought a little more than when the price is cheap.

[Victorycoin]

Even though lots of bans from chinese government, chinese people are really crazy about whole crypto world and what can be best way to fly out of country with their money other than bitcoin and same applies to both small and big investors. Chinese people want to invest in foreign countries and bitcoin is best to way move their yuan to dollar for extreme profit after few months. I am afraid of this guy dumping his whole bitcoin if price will go over $30k or near it. He might not care about the future value as he is just an investor who believes in profit taking.

Read the article again, you obviously missed this:

Code:

When asked about the market crash in March, he dismissed it as no big deal. He called it a short-term setback and in fact, said Cryptocurrencies rose very well in the long term

So instead of being afraid, we should consolidate on our early bird advantage as early adopters because the whales and institutional investors are coming and would be regrettable for those of us who out of FUD and impatience sold off their coins for peanuts.

[Robert Brownn]

On the WeChat app with technology entrepreneur Wang Feng on May 3, Cai revealed that despite his initial intention of buying only a single Bitcoin. However, he increased his portfolio in the first quarter of this year. Chinese investor admitted that he had gathered up to 10,000 BTCs while the cryptocurrency market tended to fall.

[Amy Halll]

Right. Cai Wensheng, a Chinese angel investor and president of Meitu Photo Retouching, has announced that he has met his 10,000 target of Bitcoin.

[hahahafr]

Considering that this kind of thread is quite old, he probably bought at $5600 and then sold at $9,000 when the price recovered, i do not think that he is stucked with all those bitcoins, one of those investors could sold when it reached that price.

[emmybd]

I wouldn't be surprised to know that as Chinese have been controlling many things all around the world, so they would definitely manipulate things for big profits.

[PonyBoy]

The Chinese are very smart that they create some new technologies every day. The reason I that, bitcoin has the real future. So we must hold and be patient to the market waiting for the growth of the price.

[NelfiNovita]

it is the right choice because he bought when the price is falling, to be like that person we also have to work hard in order to get bitcoin, if we do not try to get it then the rich will get richer because they have many opportunities to get bitcoin with money they have.

[BenRayfield]

https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

The fact that many large investors are interested in cryptocurrencies is a fact. Especially interested in Bitcoins. If there is a precedent for the adoption of ETFs, the interest will become even greater. Exchange CBOE already does Shani in this direction.

[airdrophunter]

That's really a very encouraging news and that would hopefully remind others that there is really money while bitcoin is down or the cryptomarket is bleeding. To think that if this Chinese investor is on China as he bought 10,000$ is just a good news that's telling us that you can still buy crypto even if you are in a country that prohibigs crypto.

[rawr1620]

Most inventors are Chinese business men that are successful in the business of it. But they are encourage to invest in bitcoin since it is a good business.

[virendarnagpal]

In my opinion this is best decision taken by the Chinese person.  This is the best buy time.  The price is moving around $6k for the last few months.  More than 90% chances are that U turn time for bitcoin has arrived.  Any time or any day the upward journey may start. 
So people who are now hesitating trading bitcoin; will be just writing here in the thread his sad comments "why I not purchased when the btc was 6k"?

But still this being speculative market ; anything can happen.

[TGD]

https://www.ccn.com/chinese-angel-investor-gathers-10000-bitcoins-during-bear-q1-2018/
There was one Chinese investor who is now trending after he bought 10k bitcoin during the Q1 bear or during the bearish movement at the first quarter of the year. According to the article he was Cai Wensheng the founder of a selfie-app called Meitu which is very popular in China. This man is a good sign that bitcoin really is becoming more attractive to big enterpreneurs across the globe.

The fact that many large investors are interested in cryptocurrencies is a fact. Especially interested in Bitcoins. If there is a precedent for the adoption of ETFs, the interest will become even greater. Exchange CBOE already does Shani in this direction.

They cant even endorse bitcoin even that big investors are some of the influencial investors cause they have some plan , and they have to choose this currency cause they know the value of it so this is not new if they bought this large amount of bitcoin during the dip.

[cryptowaltz]

What is the probability that this news is fake and the news came out just to spread a good news which ultimately might help increase the price ?